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CURRENT AFFAIRS : BANKING & FINANCE
Securities and Exchange Board of India forms high-level committee to review conflict of interest rules
- Securities and Exchange Board of India (SEBI) has formed a six-member high-level committee (HLC) to review its 2008 code of conduct framework.
- The committee is headed by Pratyush Sinha, retired IAS officer and former Chief Vigilance Commissioner.
- The objective is to review conflict of interest disclosures, and issues related to property, investments, and liabilities of SEBI officials and board members.
- SEBI stated the HLC will enhance transparency, accountability, and ethical conduct among its members.
- The committee will propose a recusal policy, investment restrictions, public disclosures, digital record maintenance, and monitoring mechanisms.
- It will also propose a framework for addressing public complaints related to conflict of interest and disclosures.
- The HLC has been given three months to submit its recommendations.
Key Highlights :
- Injeti Srinivas, former Corporate Affairs Secretary and ex-IFSCA chairman, is the vice-chairman of the committee.
- Other members include:
- Uday Kotak, founder-director of Kotak Mahindra Bank
- G Mahalingam, ex-RBI Executive Director and former SEBI Whole-time Member
- Sarit Jafa, former Deputy Comptroller and Auditor General (IA & AS)
- Prof. R Narayanaswamy, former professor at IIM Bangalore
- The move follows conflict of interest allegations against SEBI’s former chief Madhabi Puri Buch.
- The decision was made under the new SEBI Chairperson, Tuhin Kanta Pandey.
BharatPe unit Resilient Payments secures RBI license for payment aggregator business
- BharatPe, a prominent Indian financial services and UPI payments platform, announced on April 9, 2025, that its subsidiary Resilient Payments Private Limited has received final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator (PA).
- With this, BharatPe becomes the only Indian fintech to hold all three key licenses:
- NBFC license (via Trillion Loans)
- Stake in Unity Small Finance Bank
- PA license (via Resilient Payments)
- The new PA platform will be launched under the “BharatPe X” brand, aiming to expand its merchant base in tier 2 and 3 cities and promote digital financial solutions across India.
Bandhan Bank Share Price in Focus Amid Launch of ‘Elite Plus’ Savings Account for HNIs
- Bandhan Bank has introduced the ‘Elite Plus’ savings account, designed specifically for high-net-worth individuals (HNIs).
- This premium account offers several exclusive benefits.
- Balance Requirements: To qualify, customers must meet one of the following criteria:
- Maintain a monthly average savings account balance of ₹15 lakh or more.
- Hold term deposits totaling ₹75 lakh or above.
- Achieve a Total Relationship Value (TRV) of ₹15 lakh or more, combining savings account balances of at least ₹5 lakh and term deposits of at least ₹10 lakh.
Key Highlights :
- Account Privileges:
- Unlimited cash deposits each month.
- Free RTGS, NEFT, and IMPS transactions.
- Enhanced debit card insurance coverage and a personal accident cover up to ₹15 lakh.
- Additionally, the Elite Plus account includes a complimentary Bandhan Bank Elite Plus Debit Card, which offers:
- Daily ATM cash withdrawal limit up to ₹1 lakh.
- Daily purchase transaction limit up to ₹6 lakh.
- Complimentary domestic lounge access for the account holder and a companion every calendar quarter.
- In a recent development, Bank of Baroda has launched the ‘bob Square Drive Deposit Scheme,’ a 444-day term deposit offering competitive interest rates:
- Interest Rates:
- 7.15% per annum for the general public.
- 7.65% per annum for senior citizens.
- 7.75% per annum for super senior citizens (aged 80 years and above).
- Up to 7.80% per annum on non-callable deposits.
- This scheme became effective on April 7, 2025, replacing the earlier ‘bob Utsav Deposit Scheme.’
- Regarding the Pradhan Mantri Mudra Yojana (PMMY), the scheme has completed a decade since its inception on April 8, 2015.
- Over this period, PMMY has sanctioned loans exceeding ₹33.65 lakh crore through more than 52.37 crore loans, significantly boosting confidence among small entrepreneurs.
- Notably, in October 2024, the government increased the loan limit under PMMY from ₹10 lakh to ₹20 lakh, aiming to further support small businesses in their expansion efforts and integration into the digital economy.
Bank Of India, UCO Bank Cut Lending Rates After Rbi Repo Rate Slash
- Hours after the Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate, Bank of India and UCO Bank reduced their lending rates, offering relief to borrowers.
- The RBI’s Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, reduced the key policy rate from 6.25% to 6% to support economic growth amid global challenges.
- This was the second consecutive rate cut under Malhotra’s leadership, influenced partly by the 26% tariff imposed by the US on Indian exports.
- Bank of India lowered its Repo-Based Lending Rate (RBLR) to 8.85% (from 9.10%) with immediate effect from April 9.
- UCO Bank cut its repo-linked lending rate to 8.8%.
- Both banks announced the rate cuts via regulatory filings, citing the RBI’s policy decision.
- The move is expected to reduce borrowing costs, stimulating credit demand from individuals and businesses.
- Analysts expect more banks to follow, transmitting the benefits of the RBI’s rate cut to customers nationwide.
- Governor Malhotra also announced a shift in the RBI’s policy stance from ‘neutral’ to ‘accommodative’, signaling a pro-growth approach.
- Malhotra clarified that the new stance provides rate guidance but no direct guidance on liquidity management.
- The RBI has already infused over $80 billion into the banking system in the past two months, following a February rate cut — the first in five years.
CURRENT AFFAIRS : NATIONAL NEWS
Over ₹900 Crore Allocated For Sewerage Projects In Uttar Pradesh And Bihar By National Mission for Clean Ganga
- The National Mission for Clean Ganga (NMCG) approved a series of projects aimed at pollution control and river rejuvenation in the 61st Executive Committee meeting, chaired by Director General Rajeev Kumar Mital.
- Among the key approvals, the Executive Committee sanctioned sewerage management projects worth over ₹900 crore.
Key Highlights :
- A major project in Moradabad, Uttar Pradesh, focusing on the prevention of pollution in the Ramganga River, received the green light.
- The ₹409.93 crore initiative includes the construction of two sewage treatment plants (STPs) with capacities of 15 MLD and 65 MLD in Zone-3 and Zone-4 respectively.
- Additionally, five major drains in the region will be intercepted and diverted to minimize direct sewage discharge into the river.
- In Bihar, a project in Arrah town was approved at an estimated cost of ₹328.29 crore.
- This includes the construction of a 47 MLD capacity STP and a 5 km sewer network.
- Implemented under the Hybrid Annuity Model, the project also covers the plant’s operation and maintenance for 15 years.
- The scheme aims to provide a long-term solution to sewage issues in Arrah and reduce untreated wastewater flowing into the Ganga.
- Another major project was approved for Kanpur city in Uttar Pradesh, targeting the interception and diversion of 14 untapped drains.
- With an estimated cost of ₹138.11 crore, the initiative is expected to significantly improve the city’s drainage and sanitation system by channeling sewage to treatment plants through newly proposed sewage pumping stations and manholes.
- In West Bengal, the Executive Committee approved an Integrated Faecal Sludge Treatment Plant (FSTP) for Pujali Municipality under the Namami Gange programme.
- With a total cost of ₹5.96 crore, the project involves setting up an 8 KLD capacity facility aimed at improving urban sanitation and protecting water resources.
- The Committee also cleared a nature-based solution project for the rejuvenation of the Yamuna River in Delhi.
- The initiative includes the installation of pilot CAMUS-SBT (Continuous Advanced Mite Utilizing System – Soil-Based Treatment) plants in the Shahdara drain to treat liquid pollutants.
- These 5 MLD capacity plants aim to meet water quality standards set by the National Green Tribunal (NGT).
- Further, the EC approved the establishment of the NMCG-IIT Delhi-Dutch Collaboratory for Intelligent River Systems and Clean Yamuna (IND-RIVERS), under the India-Netherlands Water Strategic Partnership.
- The collaboration will serve as a centre of excellence focusing on urban rivers and nature-based solutions, bringing together academia, government, and international expertise to develop action-oriented research and practical interventions.
- The meeting also approved a project for the study and documentation of traditional wooden boat-making practices that have existed for centuries in the Ganga basin.
- Additionally, the Delhi Development Authority’s Biodiversity Parks will be developed as Knowledge cum-Skill Development Centres for the National Mission for Clean Ganga.
- With a sanctioned cost of ₹8.64 crore, the initiative will be implemented in partnership with Delhi’s Yamuna Biodiversity Park, serving as a hub for research, education, and skill development in river conservation.
- According to the official statement, the approved projects are expected to provide a strong impetus to the ongoing efforts under Namami Gange, contributing to pollution control, sustainable water management, and the preservation of riverine heritage.
Unemployment Slightly Declines Nationwide, Reveals NSO Survey
- The latest Annual Report of the Periodic Labour Force Survey (PLFS), released by the National Statistical Office (NSO), shows a marginal improvement in labour force indicators across both rural and urban regions of the country.
- The data, based on the first visit of the PLFS conducted from January to December 2024, presents calendar year-wise estimates of labour market indicators under both Current Weekly Status (CWS) and Principal and Subsidiary Status (PS+SS).
- According to the report, the Labour Force Participation Rate (LFPR) under the Current Weekly Status in urban areas increased for both men and women.
Key Highlights :
- Among urban males, LFPR rose from 74.3% in 2023 to 75.6% in 2024, while for females, it saw a modest rise from 25.5% to 25.8%.
- This led to an overall increase in urban LFPR from 50.3% to 51.0%.
- However, the all-India LFPR under CWS remained unchanged at 56.2%, indicating only slight variations across different categories.
- Similarly, the Worker Population Ratio (WPR) in urban areas registered a small increase from 47.0% to 47.6%, suggesting some improvement in employment levels.
- At the national level, the overall WPR under CWS showed minimal change, rising marginally from 53.4% in 2023 to 53.5% in 2024.
- Unemployment rates under the CWS showed mixed trends.
- In rural areas, the overall unemployment rate declined slightly from 4.3% to 4.2%.
- Both male and female unemployment rates in rural areas showed marginal reductions.
- In contrast, urban male unemployment increased from 6.0% to 6.1%, while female unemployment dropped from 8.9% to 8.2%, keeping the overall urban unemployment rate stable at 6.7%.
- The nationwide unemployment rate under CWS dropped slightly from 5.0% to 4.9%, suggesting minor improvements in employment opportunities.
- One notable trend was the reduction in the percentage of unpaid helpers in household enterprises among rural females, which declined from 19.9% in 2023 to 18.1% in 2024.
- According to the report, this may have contributed to the slight decline in both LFPR and WPR in this group.
- Under the Principal and Subsidiary Status (PS+SS), labour force participation rates remained largely stable.
- The overall LFPR declined marginally from 59.8% in 2023 to 59.6% in 2024.
- Similarly, the WPR under PS+SS also saw a slight decrease at the national level, from 58.0% to 57.7%, indicating a minor dip in employment despite steady participation levels.
- Unemployment under PS+SS recorded a marginal increase nationwide, rising from 3.1% in 2023 to 3.2% in 2024.
- Although the change is minimal, it reflects slight variations in employment dynamics across regions.
- The PLFS, launched by the NSO in April 2017, aims to provide more frequent labour force data.
- It generates quarterly estimates for urban areas under CWS and annual estimates for urban and rural areas under both CWS and PS+SS.
- For the 2024 calendar year estimates, data was collected from 12,749 First Stage Units (FSUs), including 6,982 villages and 5,767 urban blocks.
- A total of 1,01,957 households were surveyed — 55,846 in rural areas and 46,111 in urban areas — covering 4,15,549 individuals (2,40,492 in rural areas and 1,75,057 in urban areas).
Nation observes Mahavir Jayanti with devotion, festivities
- Dr.Mahavir Jayanti, the birth anniversary of the 24th and last Jain Tirthankar, Lord Mahavir, is observed across the country on April 10.
- It is one of the most sacred days for the Jain community. Devotees celebrate by chanting prayers, offering Prasad, and participating in grand chariot processions.
- In Maharashtra, the 2623rd birth anniversary of Mahavir Swami is being celebrated with great devotion and enthusiasm.
- A key highlight of the celebration is the Rath Yatra, where Lord Mahavir’s idol is placed on a decorated chariot and taken out in a procession with devotional songs and chants.
- The festival holds immense spiritual and cultural significance for the Jain community.
- In Bihar, devotees are observing Mahavir Jayanti at various places in Nalanda, Vaishali, and Jamui
- In Kundalpur, Vaishali — the birthplace of Lord Mahavir — events such as Shobha Yatra, Mastakabhishek rituals, and devotional programs are being organized.
- At Pawapuri in Nalanda, where Lord Mahavir attained Moksha, a large number of devotees have gathered, especially at the Jal Mandir, to offer prayers.
- On Lachhuar hillock in Jamui, processions accompanied by holy chants are being carried out.
- The teachings of Lord Mahavir spread through dialects such as Prakrit and Vajjika, which were commonly used at the time.
- Bihar Governor Arif Mohammad Khan and Chief Minister Nitish Kumar have extended their greetings on this auspicious occasion.
- The day is a time to reflect on Lord Mahavir’s path of renunciation, self-discipline, non-violence, and truth.
- Devotees observe the occasion through prayers, temple visits, acts of charity, and community service, reaffirming his message of peace, compassion, and spiritual awakening.
Global Technology Summit 2025 to begin in New Delhi with theme ‘Sambhavna’
- The 9th edition of the Global Technology Summit (GTS) 2025 begins in New Delhi.
- The theme for this year’s summit is “Sambhavna”, meaning possibilities, focusing on how emerging technologies can enable inclusive growth, reinforce digital governance, and foster cross-border partnerships.
- The three-day event will include over 40 public sessions, featuring keynote addresses, ministerial conversations, expert panels, and strategic dialogues.
- More than 150 speakers from over 40 countries will participate, offering global insights into the most critical technological challenges and opportunities of our time.
- A key highlight of this year’s summit is the focus on youth engagement.
- Through the GTS Young Ambassadors program, students and young professionals from across India will actively contribute to conversations around digital futures, responsible AI, and global tech norms, ensuring the perspectives of the next generation are integrated into shaping future tech policies.
Indira Gandhi Cultural Centre celebrates 75 years of Indian Council for Cultural Relations
- The Indira Gandhi Cultural Centre (IGCC) in Dhaka, under the High Commission of India in Bangladesh, celebrated the 75th Anniversary of the Indian Council for Cultural Relations (ICCR) with vibrant cultural performances and heartfelt tributes.
- The event, held at the Indian Cultural Centre, began with a welcome address by IGCC Director Ann Mary George, who highlighted ICCR’s remarkable journey since its inception on April 9, 1950, and its contributions to India’s global cultural diplomacy.
- The evening featured an enchanting lineup of Indian classical dance and music performances by IGCC teachers, students, local artists, and ICCR alumni, captivating the audience and celebrating India’s rich cultural heritage.
- The celebration marked a powerful reaffirmation of ICCR’s mission to promote cultural dialogue, global harmony, and artistic collaboration across borders.
‘Sugamya Yatra’: A Landmark Initiative Promoting Accessibility and Inclusion on International Wheelchair Day 2025 in New Delhi
- On the occasion of International Wheelchair Day 2025, Sugamya Yatra was organized at Rajiv Chowk Metro Station, New Delhi, by the Department of Empowerment of Persons with Disabilities (DEPwD), Union Ministry of Social Justice and Empowerment (MSJE) and the Office of the Chief Commissioner for Persons with Disabilities (CCPD).
- The Yatra aims to break myths associated with wheelchair users, promote accessibility, and encourage inclusivity in society.
The initiative received support from:
- Deendayal Upadhyaya National Institute for Persons with Physical Disabilities (PDDU-NIPPD)
- Indian Sign Language Research and Training Centre (ISLRTC)
- Delhi Metro Rail Corporation (DMRC)
- Samarthyam – Centre for Universal Accessibility
Key Activities at the Event:
- Accessibility Walk – An interactive experience where citizens and policymakers understood the real-life challenges faced by wheelchair users.
- Experiential Simulation Exercise – Non-disabled individuals used wheelchairs to gain firsthand experience of accessibility challenges.
- Panel Discussion – A thought-provoking dialogue featuring policymakers, social activists, and members of the disability community on inclusivity, accessibility, and disability rights.
About Ministry of Social Justice & Empowerment :
- Cabinet Minister : Virendra Kumar Khatik
- Minister of State : Ramdas Athawale, B. L. Verma
CURRENT AFFAIRS : INTERNATIONAL NEWS
India and United Kingdom reaffirm free trade agreement, support supply chains
- India and the UK reaffirmed their commitment to enhancing bilateral ties, particularly through a mutually beneficial Free Trade Agreement (FTA) and Bilateral Investment Treaty (BIT).
- The 13th Economic and Financial Dialogue was held in London, co-chaired by Finance Minister Nirmala Sitharaman and UK Chancellor Rachel Reeves.
- The UK shared updates on its upcoming Industrial Strategy, highlighting sectors like advanced manufacturing, life sciences, clean energy, creative industries, financial and business services, and defence for collaboration.
- Both sides look forward to signing the India-UK Defence Industrial Roadmap to strengthen industrial ties and supply chain cooperation.
- Financial services trade between the two nations was acknowledged, with a commitment to further growth.
Key Highlights :
- The Financial Markets Dialogue (FMD) held in GIFT City in December 2024 deepened cooperation across banking, insurance, pensions, capital markets, and sustainable finance; the next FMD will be held in London.
- The UK welcomed India’s approval allowing insurance companies in GIFT IFSC to invest overseas and the proposal for similar permissions for pension companies.
- Both sides discussed expanding the role of UK bond markets in helping Indian companies raise capital, including through rupee-denominated Masala Bonds.
- There was agreement to explore London’s role in supporting the internationalisation of the Indian rupee, with India permitting rupee account openings in overseas jurisdictions.
- The UK asset management sector is seen as a complement to the UK-India Infrastructure Financing Bridge, and both sides plan to work on policy frameworks to enhance global fund access for Indian investors.
- Transition finance to support sustainable development was highlighted, with appreciation for each country’s initiatives including the UK’s Transition Finance Market Review.
- The dialogue reaffirmed shared goals for economic stability, investment enhancement, and structural reforms to promote growth, with bilateral trade exceeding £40 billion and strong FDI flows in both directions.
President Murmu, Slovak President Pellegrini Discuss Ways to Strengthen Bilateral Ties
- President Droupadi Murmu met Slovakian President Peter Pellegrini in Bratislava, marking the first visit by an Indian President to Slovakia in 29 years.
- The two leaders agreed to strengthen bilateral cooperation across diverse sectors and reviewed the India–Slovakia relationship in a productive dialogue.
- President Murmu highlighted the growing interest in Indian culture in Slovakia and proposed collaboration in media, entertainment, and the creative economy.
- She invited Slovakia to the upcoming WAVE Summit in Mumbai (May 1–4) and encouraged joint ventures in film production and promoting Slovakia as a filming destination.
- Two Memorandums of Understanding (MoUs) were exchanged:
- One between the National Small Industries Corporation (NSIC) and the Slovak Business Agency for cooperation in MSMEs.
- Another between the Sushma Swaraj Institute of Foreign Service (SSIFS) and the Slovak Ministry of Foreign and European Affairs for diplomatic training and exchanges.
- President Murmu held one-on-one and delegation-level talks, accompanied by Minister of State Nimuben Bambhaniya, MPs Dhaval Patel and Sandhya Ray, and senior officials.
- She praised President Pellegrini’s personal commitment to boosting bilateral relations.
- A ceremonial welcome was given at the Presidential Palace, featuring a traditional Slovak greeting of bread and salt and a Guard of Honour.
- The Slovakia visit followed her state visit to Portugal, where she met with Jose Pedro Aguiar-Branco, President of Assembleia da República, among other high-level officials.
CURRENT AFFAIRS : APPOINTMENTS & RESIGNATIONS
Neelam Dhungana Timsina appointed as acting Governor of Nepal Rastra Bank
- Neelam Dhungana Timsina has been appointed as the acting governor of the Nepal Rastra Bank.
- The position became vacant after Governor Mahaprasad Adhikari’s term ended on April 6.
- There have been delays in appointing a new governor, reportedly due to disagreements between ruling alliance parties.
- A governor recommendation committee has been formed, headed by Finance Minister Bishnu Prasad Poudel.
- The committee will recommend three names, and the government will select one to lead the central bank of Nepal.
- The appointment process was confirmed by Minister for Communications and Information Technology Prithvi Subba Gurung.
CURRENT AFFAIRS : AWARDS & HONORS
Prime Minister Shri Narendra Modi Receives UAE Crown Prince: Strengthening India-UAE Ties
- Prime Minister Shri Narendra Modi received His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the UAE.
- The visit symbolizes the strong, historic ties between India and the UAE, emphasizing continuity in the relationship and mutual trust.
- The Prime Minister recalled his visit to the UAE during the World Government Summit in Dubai as the Guest of Honour.
- Both leaders discussed ways to enhance the India-UAE Comprehensive Strategic Partnership, focusing on key areas:Trade, Investments, Defence, Energy, Technology, Education, Sports, People-to-people ties.
- The Prime Minister expressed gratitude to the UAE leadership for ensuring the welfare of 4.3 million Indians living in the UAE.
- The Prime Minister conveyed his regards to Mohammed bin Zayed Al Nahyan, President of the UAE, and Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, and Ruler of Dubai.
Synergy Marine Group founder gets National Maritime Varuna Award
- Synergy Marine Group’s founder Rajesh Unni received the National Maritime Varuna Award, India’s highest individual maritime honor.
- The award was presented by Director General of Shipping Shyam Jagannathan.
- The ceremony took place in Mumbai during the 62nd National Maritime Day celebrations on April 5, 2025.
- The National Maritime Varuna Award is awarded by the Directorate General of Shipping (DGS) for sustained and extraordinary contributions to India’s maritime sector.
- Rajesh Unni emphasized the potential of India’s maritime professionals to lead the future of shipping, both at sea and ashore.
- Synergy Marine Group is a major third-party ship manager of Indian-flagged vessels, offering complete maritime solutions.
CURRENT AFFAIRS : DEFENCE NEWS
India-US Armed Forces conclude harbour phase of Exercise Tiger Triumph 2025
- In a dynamic demonstration of bilateral military cooperation and joint operational readiness, the Indian and US Armed Forces concluded a comprehensive training phase in Visakhapatnam as part of Exercise Tiger Triumph 2025.
- This tri-service Humanitarian Assistance and Disaster Relief (HADR) initiative continues to enhance interoperability, mutual trust, and cultural synergy between the two strategic partners.
- The harbour phase featured intense physical conditioning, jungle warfare training, small arms instruction, and integrated field craft modules.
Key Highlights :
- The Indian side was represented by troops from the 8 Gorkha Infantry Battalion Group of the Amphibious Brigade, Bison Division, operating under the Sudarshan Chakra Corps.
- They trained alongside personnel from the US Army’s 1st Battalion, 5th Infantry Regiment (“Bobcats”) of the 11th Airborne Division and the US Marine Corps’ 1st Light Armored Reconnaissance Battalion.
- A cultural highlight of the exercise was the captivating “Gorkha Fury” performance, a martial display showcasing the Khukri dance, symbolizing the combat prowess and enduring spirit of the Gorkha soldiers.
- Following the successful harbour phase, the exercise now shifts to Kakinada for the sea phase, where the focus will be on amphibious landings, joint maritime drills, and HADR simulations.
- These activities aim to strengthen the broader strategic objectives of India-US defense collaboration in the Indo-Pacific and Indian Ocean Region.
- The tri-service exercise, which commenced on April 1, will conclude on April 13.
- In a remarkable demonstration of precision and synergy, a joint formation flying mission was executed as part of the same exercise.
- The Indian Air Force (IAF) led the formation with its C-130 Hercules aircraft, accompanied by the Indian Navy’s Hawks and the United States Air Force (USAF)’s C-130.
- This coordinated aerial display was conducted in sync with INS Jalashwa and USS Comstock, reflecting the exceptional teamwork and dedication of the two nations’ armed forces.
- The exercise underscores their readiness, unity, and capacity to respond to complex humanitarian and disaster relief scenarios with resilience and coordination.
CURRENT AFFAIRS : SPORTS NEWS
Vijayveer Sidhu, Suruchi Singh strike gold as India tops medal tally at ISSF World Cup
- Paris Olympian Vijayveer Sidhu secured India’s fourth gold medal at the ISSF World Cup 2025 in Buenos Aires, triumphing in the men’s 25m rapid fire pistol event.
- In a tense, low-scoring final held in blustery conditions, Sidhu shot 29 hits, edging past Italy’s Riccardo Mazzetti, who finished with 28. Chinese teenager Yang Yuhao bagged the bronze after a shoot-off win.
- The final saw a gripping contest, with Sidhu recovering from a shaky start.
- After scoring only one hit in the first series, he bounced back with three consecutive scores of four and a perfect five in his fifth series, overtaking Mazzetti.
- The Italian responded with a perfect series of his own, leveling the scores by the sixth round. Both shooters remained tied after the seventh series.
- However, in the final decisive round, Sidhu held his nerve to shoot four, while Mazzetti managed three.
- Earlier the same day, Suruchi Inder Singh won gold in the women’s 10m air pistol event.
- With this, India’s medal tally at the Buenos Aires World Cup stands at six, including four golds.
CURRENT AFFAIRS : OBITUARIES
Renowned Rai Dancer Ram Sahay Pandey Died at 92
- Ram Sahay Pandey, a Padma Shri awardee and legendary exponent of Rai folk dance, passed away at the age of 92.
- He died at a private hospital in Sagar, Madhya Pradesh, after a prolonged illness.
- His last rites will be conducted in his native village Kanera Dev.
- Madhya Pradesh Chief Minister Mohan Yadav paid tribute, stating Pandey’s dedication brought global recognition to Rai dance.
- Born on March 11, 1933, in Maddhar Patha village, Pandey was drawn to Rai dance at the age of 14.
- Rai dance was traditionally associated with the Bedia community and carried social stigma, especially in conservative Bundelkhand.
- Despite being a Brahmin, Pandey broke barriers to uplift the status of Rai dance.
- He was the youngest of four siblings and came from a farming family, raised by his father Lalju Pandey.
- Orphaned early and brought up in poverty, he persevered to gain national and international fame.
- In 2022, he was awarded the Padma Shri for his contributions to folk art.
- He founded the Bundelkhandi Lok Nritya Natya Kala Parishad to preserve regional culture.
- His milestone performance came in 1964 at Ravindra Bhavan, Bhopal, organized by Akashvani Bhopal.
- Honored with the title Nritya Shiromani in 1980, he was appointed to the Tribal Folk Art Council by the state government.
- He performed internationally in Japan (1984) and Dubai (2006), promoting Indian folk culture worldwide.
Daily CA on April 11 :
- Securities and Exchange Board of India (SEBI) has formed a six-member high-level committee (HLC) to review its 2008 code of conduct framework.
- BharatPe, a prominent Indian financial services and UPI payments platform, announced on April 9, 2025, that its subsidiary Resilient Payments Private Limited has received final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator (PA).
- Bandhan Bank has introduced the ‘Elite Plus’ savings account, designed specifically for high-net-worth individuals (HNIs).
- Hours after the Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate, Bank of India and UCO Bank reduced their lending rates, offering relief to borrowers.
- The National Mission for Clean Ganga (NMCG) approved a series of projects aimed at pollution control and river rejuvenation in the 61st Executive Committee meeting, chaired by Director General Rajeev Kumar Mital.
- The latest Annual Report of the Periodic Labour Force Survey (PLFS), released by the National Statistical Office (NSO), shows a marginal improvement in labour force indicators across both rural and urban regions of the country.
- Mahavir Jayanti, the birth anniversary of the 24th and last Jain Tirthankar, Lord Mahavir, is observed across the country on April 11.
- The 9th edition of the Global Technology Summit (GTS) 2025 begins in New Delhi.
- The Indira Gandhi Cultural Centre (IGCC) in Dhaka, under the High Commission of India in Bangladesh, celebrated the 75th Anniversary of the Indian Council for Cultural Relations (ICCR) with vibrant cultural performances and heartfelt tributes.
- On the occasion of International Wheelchair Day 2025, Sugamya Yatra was organized at Rajiv Chowk Metro Station, New Delhi, by the Department of Empowerment of Persons with Disabilities (DEPwD), Union Ministry of Social Justice and Empowerment (MSJE) and the Office of the Chief Commissioner for Persons with Disabilities (CCPD).
- India and the UK reaffirmed their commitment to enhancing bilateral ties, particularly through a mutually beneficial Free Trade Agreement (FTA) and Bilateral Investment Treaty (BIT).
- President Droupadi Murmu met Slovakian President Peter Pellegrini in Bratislava, marking the first visit by an Indian President to Slovakia in 29 years.
- Neelam Dhungana Timsina has been appointed as the acting governor of the Nepal Rastra Bank.
- Prime Minister Shri Narendra Modi received His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the UAE.
- Synergy Marine Group’s founder Rajesh Unni received the National Maritime Varuna Award, India’s highest individual maritime honor.
- In a dynamic demonstration of bilateral military cooperation and joint operational readiness, the Indian and US Armed Forces concluded a comprehensive training phase in Visakhapatnam as part of Exercise Tiger Triumph 2025.
- Paris Olympian Vijayveer Sidhu secured India’s fourth gold medal at the ISSF World Cup 2025 in Buenos Aires, triumphing in the men’s 25m rapid fire pistol event.
- Ram Sahay Pandey, a Padma Shri awardee and legendary exponent of Rai folk dance, passed away at the age of 92.
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